This chemical is primarily utilized in the field of medicinal chemistry as a key intermediate in the synthesis of various pharmaceutical compounds. Its unique structure makes it a valuable building block for developing molecules with potential therapeutic applications, particularly in the design of kinase inhibitors. Kinase inhibitors are crucial in targeting specific signaling pathways involved in diseases such as cancer, inflammation, and autoimmune disorders. Additionally, its heterocyclic framework is explored in the development of drugs targeting neurological conditions, leveraging its ability to interact with biological targets in the central nervous system. Researchers also investigate its derivatives for their potential antimicrobial and antiviral properties, making it a versatile compound in drug discovery and development.